Good news for solar panel buyers, at least for a little whileOct 17th, 2011 at 7:32am

"That leaves the market seriously oversupplied. In expectation of more roaring growth, the world’s panel-making capacity was tripled over two years, 2010-11, with big investments in mainland China and Taiwan. Much of the excess capacity is being shut down, yet there are already plenty of unwanted panels out there. To avoid being stuck with old stock—a ruinous prospect when prices are falling rapidly—panel-makers are now slashing margins. Early this year the average panel price was around $1.75 per watt; by the year’s end it could be as low as $1.10." Oct 15th 2011

"To survive, firms will need to keep cutting costs, especially in the non-panel parts of their product, including metalwork and wiring. They must also keep a grip on dwindling sources of credit."